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Jean Coutu Group turns in year-end gains

Jean Coutu Group turns in year-end gains

Jean Coutu Group and its franchised drug store network closed out fiscal 2011 on the upside in sales, and the company’s earnings exceeded analysts’ forecast. The Canadian pharmacy franchisor said Thursday that retail sales for its store network rose 3.9% year over year to $988.

Pharmacy mobile app launched by Navarro

Navarro Discount Pharmacy is extending the reach of its prescription drug services with Navarro RX App, a free pharmacy mobile application. The Miami-area drug store chain said Thursday that Navarro RX App links mobile device users to the retailer’s new mobile website, m.navarro.

CVS Caremark to wrap up Universal American deal

CVS Caremark Corp. is set to close its acquisition of the Medicare Part D business of Universal American, a leading Medicare prescription drug plan sponsor. Plans call for the $1.25 billion deal to be completed on April 29, CVS Caremark said Thursday.

Children’s AccuDial honored for innovation

Children’s AccuDial, a line of over-the-counter pediatric medicines from AccuDial Pharmaceutical Inc., has been named a 2011 Edison Awards winner. AccuDial said Wednesday that its product line won gold in the Consumer Packaged Goods segment, one of 12 categories honored by the Edison Awards.

New CEO to take helm at MillerCoors

Tom Long has been appointed chief executive officer of MillerCoors, whose current CEO, Leo Kiely, is slated to retire in the coming weeks. The company, a U.S. joint venture of SABMiller plc and Molson Coors Brewing Co.

Shoppers Drug Mart gains in 1Q; new chairman named

Robust front-end sales growth helped lift first-quarter revenue at Shoppers Drug Mart Corp. despite a dip in pharmacy business. Also, the Canadian drug store chain has named a new chairman and announced changes in its board of directors.

100% Natural Lipton Iced Tea line makes debut

Lipton Iced Tea is launching 100% Natural Lipton Iced Tea, a new line of beverages with a simple, all-natural ingredient list. The Pepsi Lipton Tea Partnership said Tuesday that 100% Natural Lipton Iced Tea will be available in four flavors — Green Tea with Citrus, Iced Tea with Lemon, Iced Tea with

Watson’s Crinone added to fertility Rx card program

Watson Pharmaceuticals Inc.’s Crinone 8% progesterone gel is now included in New Life Agency Inc.’s Fertility Pharmacy Care Card program, which provides prescription drug discounts to fertility patients through Walgreens Specialty Pharmacy.

Same-store sales edge up at Rite Aid

Same-store sales edge up at Rite Aid

Rite Aid Corp. saw its same-store sales climb back on the upside in April. The drug store chain said Wednesday that for the four weeks ended April 23, comparable-store sales inched up 0.5% versus a year earlier. In March, the retailer had seen same-store results dip 0.1% after gains of 1%

Report: Retail clinic market expands despite hurdles

Though facing some challenges, the market for retail health clinics has grown overall and is poised to become a "durable part" of the nation’s health care system, according to a new report by health care market researcher Kalorama Information.